Source for BlockChain News

Monthly archive

September 2008

Crypto News | Huobi Adds XRP and IBM Releases X-Force Red

by
crypto news

crypto news

Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red.

Huobi Adds XRP to OTC Trading Desk

Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news circulating today. The XRP Huboi launch was set at 10:00 (GMT-8). Huobi is currently the ninth-largest cryptocurrency exchange by its 24-hour exchange volume.

XRP now joins Bitcoin, Ethereum, EOS, Tether, and Huobi Token, among the coins supported on the OTC trading platform. This platform offers an exchange bridge between digital currencies and fiat currencies.

OTC trade desks have become extremely popular as of late. Many crypto news sites have been heavily following the OTC movement, and it seems Huobi is trying to compete with the other major exchanges such as Binance and Bittrex.

>> Kraken Futures Trading Nears $1 Billion in First Month

OTC trade desks facilitate direct transactions between two parties, unlike exchange trading where buy and sell orders are matched through an order-book.

IBM X-Force Red Security Tool

Another exciting piece of crypto news currently circulating involves IBM’s latest push in blockchain. The X-Force name gives off a ‘space’ vibe, but it has people’s attention, which may have been the goal. IBM Security’s X-Force Red is the firm’s dedicated security task force.

Yesterday, the task force released the X-Force Red Blockchain testing service, aimed at tackling inefficiencies in enterprise blockchain deployments. This service will focus on specifics like hyper ledgers, public key infrastructure, and chain code.

This new piece of crypto news is great for enterprise blockchain, which has received recent criticism. IBM firmly believes in the value of using the blockchain in business, and the company is seeing real efficiencies and cost savings from its use. Despite the criticism, IBM continues to push forward with its enterprise blockchain solutions. If successful, the company could push its developing technology to the front of all enterprise blockchain solutions on the market.

Featured Image: Pixabay

If You Liked This Article Click To Share

OPACITY LAUNCHES CRYPTO FILE STORAGE

by
Opacity

Opacity

Opacity focuses on privacy, security, and a familiar user experience.

SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as email, name, or payment information is ever required or stored.

The new Opacity 128GB storage plan accepts payment in OPQ tokens for 1 year of storage service with unlimited free downloads. Opacity encrypts user data starting in the browser, during upload, and in storage. Storage accounts are protected by a personal Account Handle and files can be privately shared with anyone in the world using a private File Handle.

“Our product represents a new era in online data privacy. Our customers have a strong interest in reclaiming online privacy and security to protect themselves and their data” said Opacity CEO, Jason Coppola. “There are very few native crypto businesses providing this level ease of use. Anyone familiar with traditional storage providers will be familiar with our interface and will be able to jump right in. I look forward to increased adoption of cryptocurrency as a private payment method and we are proud to be leaders in this space.”

Pricing & Availability

New storage plans for 1TB and larger, and new features such as desktop and mobile applications, will arrive this year.

Additional Resources

Follow Opacity on TwitterTelegramReddit, and YouTube.

About Opacity

Founded in 2018, Opacity Storage is dedicated to online data privacy and security. Online data breaches continue to be a major consumer risk. Opacity is reducing this risk by removing the need to provide personal payment data and by decentralizing files stored online. For more information, visit opacity.io and follow @Opacity_Storage on Twitter.

Featured image: Opacity

Please See Disclaimer

If You Liked This Article Click To Share

Disclaimer
Statements & Policies
Summary of Disclosures
By accessing CryptoCurrencyNews.com (hereinafter referred to as “this website”) you hereby affirmatively represent to Market Jar Media Inc. (“Market Jar”) that you have read and understood the entirety of the following statements and policies
If you do not agree to these Statements & Policies, you may not use the CryptoCurrencyNews.com website and affirmatively acknowledge that you have not used or viewed content on the CryptoCurrencyNews.com website
Market Jar is neither an investment advisor nor broker-dealer. The information presented on the CryptoCurrencyNews.com website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on CryptoCurrencyNews.com constitutes advice easeor a recommendation.
The opinions and analyses included in this website are based on factual information obtained from public filings and other sources deemed to be reliable and are provided “as is” in good faith. Market Jar makes no representation or warranty, expressed, implied or statutory, as to the accuracy or completeness of such information, which may be subject to change without notice.
Safe Harbor Statement
This website contains forward-looking statements applicable to future anticipated performance, growth, and plans of the companies on whose behalf we disseminate information. As such, any specific statement on this website that are not statements of factual history should be viewed as forward-looking statements. These forward-looking statements can be generally identified through phrases such as “possibly”, “anticipates”, “estimates”, “potentially”, “intends”, and other words of similar connotation. Statements in this website that speak to a company’s business intentions, objectives, strategies, and or intentions should also be viewed as forward-looking statements. All forward-looking statements are subject to uncertainties that could result in different outcomes than those described in forward-looking statements.
Terms of Use
By accessing this website, you indicate your agreement to these Statements & Policies. You affirmatively represent that you have read and understood the entirety of the following Statements & Policies. We reserve the right, at our discretion, to change, modify, and add or delete portions of such Statements & Policies at any time.
Copyright
The entire contents of this site are protected by worldwide copyright laws and treaty provisions. The contents of this website are for non-commercial individual reference only and may not be used for other purposes or otherwise copied, displayed, downloaded, distributed, modified, reproduced, republished or retransmitted without the express written consent of Market Jar.
Information subject to change
Information on this website is updated regularly by Market Jar without notice. However, the information is not intended to be complete and cover all matters and developments concerning the company and its activities and the company cannot guarantee either the currency or completeness of the information at all times and assumes no responsibility in this regard.
Price quotes
All stock quotes are delayed at least 15 minutes unless otherwise noted. All stock quotes or cryptocurrency price quotes (collectively “Quotes”) and historical price data are provided by a third party service provider and are provided for information purposes only and not for trading purposes. Market Jar makes no representation or warranty regarding the accuracy or completeness of any Quotes or historical price data and has not verified the adequacy, accuracy or completeness of the information provided on this website. We strongly recommend that you seek independent professional advice before investing in any companies, stock or cryptocurrency mentioned in the articles on the website.
Notice to investors
The information on this website is not intended as a solicitation for funds or an offering of securities and should not be construed or interpreted as such. The information on this website is not intended to modify, qualify, supplement or amend information disclosed under applicable securities legislation of the U.S. or Canada. No securities commission or other regulatory authority in either the U.S. or Canada has in any way passed upon the information on this website and Market Jar makes no representation or warranty to that effect.
Social Media Terms of Use/ Disclaimer
Market Jar supports the use of social media, however any third party content posted through social media channels maintained by us should not be taken as an endorsement of such information. Links to websites and other resources operated by third parties (“Third Party Information”) other than Market Jar are provided solely as a convenience to the user. We do not control such Third Party Information and are not responsible and disclaim any liability for the content, products, services or information offered by any third parties. The inclusion of links to such Third Party Information on the page does not imply endorsement of any content, products or services offered, advertised, endorsed or promoted by any third party, or of any company or person. If you decide to access any Third Party Information or acquire any third party products or services, you do so entirely at your own risk, and you may be subject to the terms and conditions and the privacy policies imposed by such third parties. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of included information. Although believed to be reliable, management of Market Jar has not independently verified any of the data from third party sources.
Ownership and Interests
Cryptocurrencynews.com is owned by Market Jar. Market Jar, and its directors and officers do not own any of the cryptocurrencies or tokens mentioned in this article.
Amounts Paid To Market Jar Media Inc.
Market Jar Media Inc. has or expects to receive the following amounts indirectly from the issuer’s set forth below.
Sponsored Posts = $197 USD
Press Release = $197 USD
Amounts noted above were received or expected to be received directly from Market Jar Media Inc., which was directly engaged by the issuers set forth above.
Disclaimer
Neither Market Jar nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment advisor or broker-dealer or associated person with a registered investment advisor or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company or any cryptocurrency on the CryptoCurrencyNews.com website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. Therefore, information on this website is not intended to be, and shall not substitute, an offer to sell nor the solicitation of any offer to buy any security.
The opinions and analysis included in this website related to the profiled companies represent the personal and subjective views of the author of the articles, and are subject to change at any time without notice. The information provided in the articles on the website and the content has been obtained from sources which the authors believe to be reliable. However, the authors have not independently verified or otherwise investigated all such information. None of the authors, Market Jar, Market Jar Media Inc., or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The opinion, analysis, articles and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission, the Canadian security regulatory authorities, or any other regulatory authority before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
Information obtained from public filings and other sources are deemed reliable; however, Market Jar take no responsibility for verifying the accuracy of such information and makes no representation that such information is complete and correct. Market Jar makes no representation or guarantee that any forward-looking statements will prove to be accurate. Persons using the CryptoCurrencyNews.com website are encouraged to consult with independent financial advisors with respect to an investment in any company profiled in the website. Investors should therefore verify independently information provided in the CryptoCurrencyNews.com website by completing their due diligence on any company in which their clients are contemplating an investment. Such information to be reviewed could include the company’s annual reports, regulatory filings, and press releases on the sec.gov or www.sedar.com website or directly from the issuer.
Risk Warnings
The content published on this website is intended for and only to be used for reference purposes and is neither an offer nor a solicitation to purchase or sell any security or instrument or to participate in any particular trading strategy. No such information provided through the CryptoCurrencyNews.com website constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific person. Users of this website agree that they are not using any content of this website in connection with an investment decision.
THERE CAN BE NO ASSURANCE THAT CONTENTS PUBLISHED ON CRYPTOCURRENCYNEWS.COM IS ACCURATE OR WITHOUT ERROR. ANY PERSON WHO MAKES USE OF SUCH CONTENT AFFIRMATIVELY ASSUMES ALL RISKS FROM USING THE CONTENT. CryptoCurrencyNews.com does not guarantee it reviews, and is not responsible for confirming the accuracy of information submitted for inclusion on this site. INVESTORS ARE STRONGLY ADVISED TO CONFIRM THE ACCURACY OF ANY INFORMATION OBTAINED FROM THIS SITE PRIOR TO MAKING ANY INVESTMENT DECISION.
OTC Risk Warnings
Because many securities traded Over-The-Counter (OTC) are relatively illiquid, or “thinly traded,” which tends to increase volatility in market prices, an investment in an OTC security involves a high degree of risk. These speculative and illiquid securities are often difficult for investors to buy or sell without significantly affecting the quoted price. It should be noted that the liquidation of a position in an OTC security may not even be possible within a reasonable period of time.
Dependable information regarding issuers of OTC securities, their prospects, or the risks associated with the business of any particular issuer or an investment in the issuer’s securities may not be available. For this reason, it may be difficult to properly value an investment in an OTC security or accurately determine the risks involved with investing in such a security. For more information about investing in microcap securities, please read the content on the SEC’s website, including the SEC’s investor publication titled “Microcap Stock: A Guide for Investors” available at https://www.sec.gov/investor/pubs/microcapstock.htm.
Issuers of OTC securities quoted on the OTC Link system are not required to provide any kind of information to investors. While many issuers register OTC securities with the Securities and Exchange Commission (SEC) and regularly provide reports to investors in connection with such registration, they are not required to continue such registration or regularly provide such reports because their securities are quoted on OTC Link. Securities may continue to be quoted on the OTC Link system if issuers are delinquent in their reporting obligation to the SEC or other federal or state regulatory agencies. Quotation of a security on the OTC Link system does not in itself create any ongoing filing or reporting obligations with the SEC for any issuer. In fact, issuers may not even be aware that their securities are quoted on the OTC Link system.
The information on this website has been prepared for information purposes only and does not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, ICO or related product, nor does it constitute an offer to provide investment advice or other related services by Market Jar Media Inc., or any of its principals, agents, owners, members or anyone else affiliated with the company, either expressly or indirectly. In preparing the information contained on this website, no individual financial or investment needs of the recipient have been taken into account nor is any financial or investment advice being offered. Any views expressed in on this website were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change and Market Jar is under no obligation to provide notice of such information or update such views.

Tim Cook Talks Cryptocurrencies | It’s a No for Tech Behemoth

by
Tim Cook

Tim Cook

Three months ago, Facebook (NASDAQ:FB) disclosed plans to roll out a cryptocurrency in the summer of 2020. Such news has made several headlines, with the latest being negative, as PayPal (NASDAQ:PYPL) might pull out of Facebook’s project. Even worse for the technology behemoth is that Apple (NASDAQ:AAPL), another tech giant, has expressed zero desire in following in the company’s footsteps, according to Tim Cook. Which brings forth the question: is it correct for Facebook to involve itself with virtual currencies?

Here’s what we know about Apple’s latest comments.

Tim Cook Talks Cryptocurrencies

Last week, Tim Cook talked cryptocurrencies, establishing his view on the sector once and for all: he’s not for it. When asked whether Apple will follow Facebook, Cook said to Les Echos newspaper that he has no current plans to venture into the crypto sector, adding that he doesn’t think companies should try to gain power by creating currencies.

“No. I really think that a currency should stay in the hands of countries. I’m not comfortable with the idea of a private group setting up a competing currency,” Cook explained. “A private company shouldn’t be looking to gain power this way.”

>> Coinbase Pro Increases Fees, Resumes Accepting GBP

There was once a time when the market thought Apple might get into cryptocurrencies, with rumors surfacing in September when an Apple executive was quoted as saying the company was “watching” cryptocurrency. Tim Cook has squashed that hope. “Currency, like defence, needs to stay in the hands of countries, that’s the heart of their mission,” the billionaire said. The market doesn’t seem to be holding it against the company this week, though, with AAPL stock trading up 1% on the Nasdaq.

Takeaway

Are you disappointed that Tim Cook has said he isn’t interested in cryptocurrencies, or do you agree with him? Should currency stay in the hands of countries? Let us know your thoughts in the comments below!

Featured image: PixaBay

If You Liked This Article Click To Share

Blockchain Commences High-Speed Crypto Exchange The PIT

by
crypto exchange

crypto exchange

When it comes to big markets in which buyers and sellers trade throughout the day, the existence of large exchanges offering ample liquidity is necessary. Over the course of the past few years, plenty of crypto exchanges have been launched all over the world, and nowadays crypto traders have a wealth of choice when it comes to choosing an exchange.

Boost for Crypto Traders

However, there is better news for crypto traders as there is going to be another exchange on the block soon, which aspires to challenge the biggest crypto exchange in the world, Coinbase. The exchange in question is being launched by Blockchain, which has made its name as a cryptocurrency wallet platform and is currently the biggest such platform in the world.

At this point in time, Binance and Coinbase are the world’s most popular and biggest crypto exchanges; however, Blockchain’s new product could be superior, if its CEO is to be believed. The exchange in question is as The PIT, and it has been developed in collaboration with experts who had earlier worked at Goldman Sachs (NYSE:GS), New York Stock Exchange, Google (NASDAQ:GOOGL), and Ameritrade. Hence, it goes without saying that the expertise is there to create a world-class crypto exchange. The Chief Executive Officer of Blockchain, Peter Smith, stated that The PIT can process orders in 40 to 50 microseconds and that makes it faster than other crypto exchanges.

>> Kraken Implements New Funding Options for 5 Fiat Currencies

In addition to that, the head of trading products at the company, Nicole Sherod, further stated the reasons why The PIT could end up being a game-changing crypto exchange. She said that the sort of liquidity on offer in the exchange is going to be much better than other exchanges and that is definitely going to be one of the factors that would lure crypto traders. At the end of the day, crypto is well known for its volatility, and high liquidity could definitely minimize the risks.

What do you think about the upcoming PIT exchange?

Featured image: DepositPhotos © nils.ackermann.gmail.com

If You Liked This Article Click To Share

Go to Top